Strategic Partnership Between Foody Pocket and BOSTEC
In a significant move aimed at enhancing digital solutions for the restaurant sector,
Foody Pocket Technologies, a Tokyo-based company specializing in cloud-based restaurant technology, has entered into a capital and business partnership with
BOSTEC, a well-established manufacturer of vending machines and self-payment terminals located in Nagano. This collaboration includes a third-party allocation of new shares, allowing BOSTEC to become a shareholder in Foody Pocket, and will enable the launch of white-label solutions throughout Japan.
Background and Objectives of the Partnership
Foody Pocket has developed an advanced SaaS platform that integrates a backend console, POS applications, and BYOD (Bring Your Own Device) mobile ordering capabilities, thereby facilitating a comprehensive digital transformation for the foodservice industry. Established in 1973, BOSTEC has a strong history as a manufacturer of vending and self-checkout machines, having built a solid reputation for their sales management and operational support systems across various sectors, including restaurants, wellness facilities, and public institutions.
The synergy of these two companies will effectively utilize their strengths, where
Foody Pocket will lead in system development and the operation of cloud infrastructures, while
BOSTEC will focus on sales, implementation support, and primary customer support in the domestic market. Together, they aim to significantly expand their presence in Japan's evolving foodservice landscape.
Overview of White-Label Solutions
As part of this partnership, BOSTEC has obtained licensing rights to utilize and sell Foody Pocket’s core products under its own brand. These products include:
- - SaaS Backend Console
- - POS Application (including handheld devices)
- - BYOD Mobile Ordering Systems
In addition to offering solutions targeted specifically at the restaurant sector, BOSTEC plans to leverage Foody Pocket's technology to venture into various other domains such as buffet-style dining, karaoke boxes, and retail industries. This initiative promotes a broader utilization of the platform beyond a single business type.
Future Prospects
The funds raised through this partnership will be directed towards enhancing the development infrastructure and expanding the cloud capabilities, enabling continuous improvements in their offerings. Foody Pocket is committed to driving digital transformation in the foodservice sector and related industries by fostering collaborations with domestic and international partners.
Company Profiles
Foody Pocket Technologies
- - Location: R-Cube Aoyama 3F, 3-1, Kita-Aoyama, Minato-ku, Tokyo, 107-0061
- - Established: February 27, 2020
- - CEO: Narukazu Takahashi
- - Capital: 20.9 million yen
- - Business Offering: Development and provision of a FoodTech SaaS platform to support digital transformation in the food service industry, including POS, mobile ordering, and cloud backend management.
BOSTEC
- - Location: 3397-16, Oaza-Mamejima, Nagano City, Nagano, 381-0022
- - Tokyo Office: 1-9-12 Asakusabashi Ekimae Building 7F, Taito-ku, Tokyo, 111-0053
- - Established: February 20, 1973
- - Capital: 45 million yen
- - CEO: Kazuhisa Ohta
- - Business Offering: Design, manufacture, sales, support, and operation management of automated machines like vending machines, self-checkout machines, and sales management systems.
Contact Information
For further inquiries, please reach out to:
Foody Pocket Technologies
Email:
[email protected]